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Cisco cutting 310 headquarters jobs under strategy shift

Bloomberg Cisco Systems Inc., the biggest maker of computer networking equipment, said it will cut about 310 jobs at its headquarters in San Jose, California. Cisco is trying to shift from a reliance on revenue from high-cost proprietary equipment, which some customers are turning away from, to software and services. The company has more than 73,000 employees, according Bloomberg data. ...

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Twitter Inc to let some break 140-character limit in tweet test

Bloomberg Twitter Inc., struggling to attract new users, will lift its 140-character limit on tweets in an experiment with a small group that may expand to the entire social media platform. The test will let users send tweets with as many as 280 characters. Lengthening the character limit may result in more engaging conversation on the platform, helping its bid ...

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Dior buyers respond to Chiuri twist, says CEO

Bloomberg One year after designer Maria Grazia Chiuri showed her first collection for Christian Dior Couture, Chief Executive Officer Sidney Toledano says customers are responding to her creative changes. Chiuri, who was formerly co-creative director of closely-held Valentino SpA, is the first woman to lead Dior since it was founded in 1946. “She is totally excited—obsessed—to understand what is the ...

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